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Euro Technical Outlook
Thursday, 25 June 2009 14:11:48 GMT
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Staying below 1.4141 keeps the trend pointed down. The series of lower highs and lows since 1.4340 may be a series of 1st and 2nd waves. Under this scenario, the decline from 1.4141 is a third of a third (powerful) wave decline. Potential short term resistance is in the 1.4015/50 zone.
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